1501, South Ridge Towers 1
Sold prices and rental history: sold 4 times, last in July 2026, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1501, South Ridge Towers 1
What is 1501 worth today?
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Source: Dubai Land Department. Updated 22 July 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,491 sqft
- Floor
- 15th of 39
- Parking
- B1-101
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 28,600 /yr
- Last sold
- AED 3.03M · July 2026
- Building
- South Ridge Towers 1
About 1501, South Ridge Towers 1
1501 is a two-bedroom apartment of 1,491 sqft on the 15th floor of South Ridge Towers 1, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 22 July 2026 for AED 3,025,000, or AED 2,028 per sqft, 7% below the AED 2,179 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, renewed on 15 February 2025, is AED 183,750 a year: a gross yield of 6.1% on the 2026 price, before the service charge of about AED 28,600 a year.
Sales and rents for 1501 over time
1501 has sold 4 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in South Ridge Towers 1, and where 1501 sits
All 76 2-beds →1501 last sold in July 2026 at AED 2,028 per sqft, 7% below what two-beds in South Ridge Towers 1 were fetching at the time (AED 2,179). Over the last 12 months two-beds sold for AED 2,500,000 to 4,150,000, around AED 2,114 per sqft, and rent for AED 133,000 to 350,000 a year. 1501's AED 183,750 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Apr 202624 April 2026 | 1,635 sqft | 4,150,000 | 2,538 | ||
| 15 Apr 202615 April 2026 | 1,491 sqft | 3,250,000 | 2,179 | ||
| 11 Mar 202611 March 2026 | 1,488 sqft | 3,050,000 | 2,049 | ||
| 28 Nov 202528 November 2025 | 1,491 sqft | 3,800,000 | 2,548 |
South Ridge Towers 1
Building188 apartments, 1-bed to 3-bed over 39 floors in Downtown Dubai, completed in 2008 by Emaar. 11 sold in the last 12 months.
- Typical price per sqft
- AED 2,049 Up 3.1%
- Typical sale
- AED 3.25M
- Typical rent
- AED 139K /yr
- Typical yield
- 5.3%
Other units on the 15th floor
All 188 units in South Ridge Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1502 | 3-bed | 2,102 sqft | AED 6.13MAED 6,130,000 · Oct 2026October 2026 | 185,000 /yr | |
| 1503 | 2-bed | 1,635 sqft | AED 1.8MAED 1,800,000 · Feb 2012February 2012 | 160,085 /yr | |
| 1504 | 1-bed | 915 sqft | AED 1.45MAED 1,450,000 · Mar 2018March 2018 | 110,000 /yr | |
| 1505 | 1-bed | 1,060 sqft | AED 1.72MAED 1,720,000 · Dec 2023December 2023 | 90,259 /yr |
1501, South Ridge Towers 1 in numbers
- Sold 4 times: first on 7 March 2013 for AED 2,000,000, last on 22 July 2026 for AED 3,025,000 (AED 2,028 per sqft).
- Rented since November 2015 on 10 Ejari contracts, from AED 160,000 to AED 183,750 a year.
- At AED 183,750 a year the gross yield on the 2026 price is 6.1%, before a service charge of about AED 28,600 a year (AED 19.17 per sqft).
- Two-beds in South Ridge Towers 1 sold for AED 2,500,000–4,150,000 in the 12 months to November 2026; the building's median across all types is AED 2,049 per sqft.
Source: Dubai Land Department. Updated 22 July 2026.
Questions about 1501, South Ridge Towers 1
What did unit 1501 last sell for?
AED 3,025,000 on 22 July 2026: AED 2,028 per sqft for 1,491 sqft. The unit has 4 registered sales; the first was AED 2,000,000 in March 2013.
What is the rent for unit 1501?
AED 183,750 a year on the contract renewed on 15 February 2025. The previous contract, from February 2025, was AED 183,750; the unit has been rented since November 2015.
How big is unit 1501?
1,491 sqft (138.5 sqm): a two-bedroom apartment on the 15th floor of a 39-storey tower completed in 2008.
What is unit 1501 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in South Ridge Towers 1 sold for AED 2,500,000 to 4,150,000 in the last 12 months, around AED 2,114 per sqft.
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Mortgage on 1501, South Ridge Towers 1
Starts from the last sale price (AED 3.03M, 22 July 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 3,025,000
- Deposit, UAE resident (20%)
- AED 605,000
- Deposit, non-resident (40%)
- AED 1,210,000
- Monthly over 25 years at 3.7%
- AED 12,376
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →